Notable Tuesday Option Activity: CIT, TSLA, EROS
May 23, 2017 at 15:23 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CIT Group Inc (CIT), where a total volume of 83,551 contracts has been traded thus far today, a contract volume which is representative of approximately 8.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 199.3% of CIT's average daily trading volume over the past month, of 4.2 million shares..